Dear LBank Users:
To celebrate LBank's listing of the ZIP/USDT trading pair, and benefit back to community, LBK launched the "LBK 50% discount snap up" ZIP special event, total 80,000,000 ZIP for half price saling. The details are as follow:
Purchase Lottery time：：14:00-16:00 on August 22, 2019 (UTC+8)
Purchase Method：Lottery Ticket Purchase
Quota Per Lottery：200usdt equivalent half-price ZIP (the exercise price of ZIP is calculated at the average price of 14 hours after the launch of MXC exchange)
Participation conditions: Real name KYC is required to participate
Lottery Ticket Price: 2777LBK Per Lottery（This price is calculated by 0.072 usdt/lbk, the actually price will be based on the final calculated price of the activity）
Position Snapshot Period: Aug 21, 20:30-Aug 22, 13:30(UTC+8)
Daily Snapshot Time: Random time on the specified period
Purchase Price Algorithm: Since the price of LBK is not stable while the trading launched, the price of LBK will be calculated according to the trading price of LBK/USDT trading pair within 4 hours before the subscription. The calculation rule will be: We will backdate 3 hours from the first half hour of the time while the subscription is accepted, and set the executive price with the average price the 3 hours. For example, (the exercise price of ZIP is 0.00069USDT, (the exercise price of LBK is 0.05USDT, then the half price purchase will be calculated as: 1LBK=144.5ZIP.
Lottery Tickets Limit Purchase Quantity: There will be no holding conditions for discount sales in this period, and the maximum quantity of purchasing lottery tickets for a single account is 10.
Trading Enable: Aug 22, 20:00(UTC+8)
Announce Lottery Draw Result and Complete Excess Return
· Winning tickets will be announced within 1 hours after the conclusion of purchase period, and return the LBK which the tickets not win.
· LBK deducted for payment will be destroyed.
User B participates in this round sale with snapshot balance of 200,000 LBK. The user requests for 7 lottery tickets and wins 3 out of 7. If LBK price is 0.035 USDT purchase period, based on each winning ticket eligible for 200 USD quota. The user will pay :
After lottery draw user B wins 3 and lose 4, the LBK should be returned to user B is:
The following countries®ions are not supported in this event:
Afghanistan, Albania, belarus, bosnia and herzegovina, Burundi, Burma, Canada, the democratic republic of Congo (gold), Cuba, Ethiopia, guinea Bissau, guinea, Iran, Iraq, Japan, Korea, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, and Uganda, Ukraine, the United States, venezuela, yemen, Zimbabwe.
Users in other countries should participate in accordance with their own nation laws.
- Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. This announcement and any other information on LBank are not to be regarded as investment advice. LBank is not responsible for any losses generated by using the information thereof.
- Any individual who tampers or attempts to tamper with the process or the operations of the subscription will be disqualified from 「LBK Special Event」.
- In case of dispute, LBank reserves the final right of decision.
If you have problems, please contact LBank official email: firstname.lastname@example.org, and we will provide sincere, friendly and immediate service for you. We also welcome you to join Lbank.info official English community to discuss the latest issu, (Telegram): https://t.me/LBankinfo.